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Eddy Kalyanvi
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#TariffsPause There's been some confusion around a potential tariffs pause. Here's what we know: - *Retraction of Tariffs Pause Report*: Reuters retracted a story claiming President Trump was considering a 90-day pause on new tariffs, citing a White House denial. The report was based on a mischaracterization of a statement by White House economic adviser Kevin Hassett. - *Source of Confusion*: A viral social media post misinterpreted Hassett's comments on Fox News, leading CNBC to report on a potential 90-day tariff pause. Reuters then picked up the story, but later withdrew it after the White House called it "fake news". - *Current Tariff Plans*: Trump has announced additional tariffs targeting goods imported to the US, with China exempt from the proposed pause and instead facing a 125% tariff hike. - *Market Impact*: The initial report caused a surge in the Nasdaq, S&P 500, and Dow Jones, but the retraction likely mitigated further market fluctuations.
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$ETH Ethereum is experiencing a surge, with its current price at $1,806.69, reflecting a 2.03% increase. This surge is part of Ethereum's next major upgrade, "The Surge," focused on enhancing scalability without sacrificing decentralization or security. Here's what's driving this surge. - *Scalability Enhancements*: Ethereum aims to increase its capacity to over 100,000 transactions per second (TPS) through Layer 2 rollups and data availability improvements. - *Layer 2 Rollups*: These solutions bundle multiple transactions together off-chain and post a summary to the Ethereum blockchain, reducing load and costs. There are two main types: - *Optimistic Rollups*: Assume transactions are valid unless someone reports an error. - *ZK-Rollups*: Use zero-knowledge proofs for instant and secure verification. - *Data Availability Sampling (DAS)*: Allows nodes to verify data without downloading everything, improving efficiency and supporting Layer 2 solutions. - *Future Upgrades*: Ethereum's roadmap includes further improvements like full Danksharding, The Verge, The Purge, and The Splurge, focusing on scalability, security, and sustainability. The Surge is a significant step in Ethereum's journey to become a global, decentralized platform. With these upgrades, users can expect faster transactions, lower fees, and improved user experience. However, rapid scalability also introduces risks, such as vulnerabilities in Layer 2 solutions and fluctuating gas fees during the transition.
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#EthereumFuture Cardano founder Charles Hoskinson has made some exciting announcements recently. - *Lace Wallet to Support XRP*: Hoskinson confirmed that Lace Wallet, a non-custodial blockchain wallet, will soon integrate XRP, allowing users to hold, send, and receive the token. This move transforms Lace into a multi-chain wallet, following its recent addition of Bitcoin support. - *XRP Users to Participate in Midnight Airdrop*: XRP holders will be eligible for an upcoming airdrop of NIGHT tokens, Midnight's governance token. The airdrop is expected to reach 37 million users across eight blockchains, including XRP Ledger. - *Potential Partnership with Ripple*: Hoskinson revealed discussions with Ripple's CEO Brad Garlinghouse and CTO David Schwartz about integrating Ripple's stablecoin RLUSD into Cardano's Midnight layer. He also received an invitation to speak at a Ripple event, indicating improved relations between the two communities. - *Cardano's Decentralized Revolution*: Hoskinson emphasized Cardano's progress toward full decentralization, with the Chang Hard Fork introducing a constitutional committee and on-chain voting mechanisms. The project aims to reach its final stage, Voltaire, where ADA holders will control the blockchain's evolution. These developments showcase Cardano's growing ecosystem and potential for increased adoption.
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$ETH The current Ethereum (ETH) to Tether (USDT) exchange rate is around 1,819.52 USDT per ETH, with a 2.81% increase in the last 24 hours. However, rates may vary slightly depending on the platform: - *CoinMarketCap:* 1 ETH = 1,819.52 USDT - *Kraken:* 1 ETH = 1,772.08 USDT - *Binance Spot:* No current rate available - *Other sources:* 1 ETH = 1,805.55 USDT Here's a breakdown of the ETH to USDT conversion rates for different amounts. - 0.5 ETH: approximately 909.76 USDT - *1 ETH:* approximately 1,819.52 USDT - *5 ETH:* approximately 9,097.62 USDT - *10 ETH:* approximately 18,195.23 USDT Keep in mind that cryptocurrency prices are highly volatile and can fluctuate rapidly. For the most up-to-date rates, it's best to check a reliable cryptocurrency exchange or price tracking website like CoinMarketCap or Kraken.
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#DinnerWithTrump Donald Trump is hosting a private dinner for the top 220 holders of his Official Trump (TRUMP) memecoin on May 22, 2025, at the Trump National Club in Washington D.C. This exclusive event is part of the TRUMP memecoin's growing popularity, which surged 70% after the dinner announcement. *Event Details:* - *Date:* May 22, 2025 - *Location:* Trump National Club, Washington D.C. - *Attendees:* Top 220 TRUMP memecoin holders, determined by token holdings and duration - *Registration:* Requires full legal name, email, phone number, and Solana wallet connection *Incentives and Perks:* - *VIP Access:* Top 25 holders get a private reception with Donald Trump and an exclusive White House tour - *Strict Security:* Background screening and wallet verification for all attendees The TRUMP memecoin has gained significant attention, with a market capitalization of $2.4 billion and futures open interest of $690 million. Its price has been volatile, but the dinner announcement has sparked strong FOMO (fear of missing out) in the market.
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